The table below looks at the statistics for knowledge and experience of FactSet products and/or services in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited FactSet over the 3 months to 2 May 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within FactSet Research Systems, Inc.

3 months to
2 May 2016
Same period 2015 Same period 2014
FactSet
Rank 598 603 581
Rank change year-on-year
+5 -22
Contract jobs citing FactSet 14 10 14
As % of all contract IT jobs located in England 0.027% 0.019% 0.028%
As % of the Vendors category 0.062% 0.043% 0.061%
Number of daily rates quoted 12 8 13
Median daily rate £330 £463 £450
Median daily rate % change year-on-year
-28.64% +2.77%
90% offered a daily rate of more than £230 £328 £253
10% offered a daily rate of more than £355 £700 £600
UK excluding London median daily rate £225 £550 -
% change year-on-year
-59.09% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FactSet
UK

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the England region.

Vendors Category
England
Contract IT job ads with a match in the
Vendors category
22467 23356 22772
As % of all contract IT jobs located in England 43.96% 45.36% 45.14%
Number of daily rates quoted 14029 13562 13122
Median daily rate £413 £400 £392
Median daily rate % change year-on-year
+3.12% +1.97%
90% offered a daily rate of more than £250 £235 £223
10% offered a daily rate of more than £563 £550 £550
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 715 1022 1025
Median hourly rate £18.28 £18.50 £18.00
Median hourly rate % change year-on-year
-1.21% +2.77%
90% offered a hourly rate of more than £10.01 £11.00 £11.00
10% offered a hourly rate of more than £44.04 £40.00 £40.00
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

FactSet
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing FactSet as a proportion of all IT contracts with a match in the Vendors category.

FactSet Jobs Demand Trend in England

FactSet
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FactSet across the England region.

FactSet Daily Rate Trend in England

FactSet
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing FactSet across the England region over the 3 months to 2 May 2016.

FactSet Daily Rate Histogram in England

FactSet
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing FactSet across the England region.

FactSet Hourly Rate Trend in England

FactSet
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FactSet within the England region over the 3 months to 2 May 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -23 14 £330 -28.64% 4
FactSet
UK

FactSet
Top 30 Related IT Skills in England

For the 6 months to 2 May 2016, IT contractor jobs citing FactSet also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for FactSet.

1 19 (95.00%) Bloomberg
2 17 (85.00%) Reuters
3 16 (80.00%) Front Office
3 16 (80.00%) Finance
4 15 (75.00%) Asset Management
5 11 (55.00%) Investment Management
6 10 (50.00%) Oracle BI EE
6 10 (50.00%) Charles River
6 10 (50.00%) Crystal Reports
7 9 (45.00%) VBA
8 8 (40.00%) Problem Management
8 8 (40.00%) Disaster Recovery
8 8 (40.00%) Portfolio Management
9 5 (25.00%) MS Office
9 5 (25.00%) Windows
9 5 (25.00%) Fund Management
9 5 (25.00%) Windows 7
10 4 (20.00%) Equities
10 4 (20.00%) Incident Management
10 4 (20.00%) SQL
11 3 (15.00%) MS Excel
11 3 (15.00%) Fixed Income
11 3 (15.00%) Hedge funds
11 3 (15.00%) Windows 8
12 2 (10.00%) BYOD
12 2 (10.00%) Mobile App
12 2 (10.00%) Eikon
12 2 (10.00%) Android
12 2 (10.00%) Apple iOS
12 2 (10.00%) PowerShell

FactSet
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (5.00%) SharePoint
Applications
1 5 (25.00%) MS Office
2 3 (15.00%) MS Excel
3 1 (5.00%) MS PowerPoint
Business Applications
1 2 (10.00%) Eikon
Communications & Networking
1 2 (10.00%) TCP/IP
Database & Business Intelligence
1 10 (50.00%) Crystal Reports
1 10 (50.00%) Oracle BI EE
General
1 16 (80.00%) Finance
1 16 (80.00%) Front Office
2 2 (10.00%) Financial Institution
3 1 (5.00%) Banking
Job Titles
1 11 (55.00%) Analyst
2 6 (30.00%) Applications Support
2 6 (30.00%) Support Analyst
3 4 (20.00%) Business Analyst
4 3 (15.00%) Asset Management Analyst
5 2 (10.00%) Applications Support Analyst
5 2 (10.00%) Asset Management Business Analyst
5 2 (10.00%) Charles River Support Analyst
5 2 (10.00%) Desktop Support
5 2 (10.00%) Investment Management Business Analyst
5 2 (10.00%) Technical Analyst
6 1 (5.00%) 2nd Line Support
6 1 (5.00%) Applications Specialist
6 1 (5.00%) Applications Support Specialist
6 1 (5.00%) Project Analyst
6 1 (5.00%) Project Manager
6 1 (5.00%) Senior Analyst
6 1 (5.00%) Senior Business Analyst
6 1 (5.00%) Technical Project Manager
6 1 (5.00%) Technical Support Analyst
Libraries, Frameworks & Software Standards
1 1 (5.00%) .NET
1 1 (5.00%) .NET Framework
Miscellaneous
1 4 (20.00%) Equities
2 3 (15.00%) Fixed Income
2 3 (15.00%) Hedge funds
3 2 (10.00%) BYOD
3 2 (10.00%) Derivative
3 2 (10.00%) Mobile App
4 1 (5.00%) Blackberry
4 1 (5.00%) Credit Derivative
4 1 (5.00%) Foreign Exchange (FX)
4 1 (5.00%) Smartphone
Operating Systems
1 5 (25.00%) Windows
1 5 (25.00%) Windows 7
2 3 (15.00%) Windows 8
3 2 (10.00%) Android
3 2 (10.00%) Apple iOS
4 1 (5.00%) Mac OS X
4 1 (5.00%) Windows 10
Processes & Methodologies
1 15 (75.00%) Asset Management
2 11 (55.00%) Investment Management
3 8 (40.00%) Disaster Recovery
3 8 (40.00%) Portfolio Management
3 8 (40.00%) Problem Management
4 5 (25.00%) Fund Management
5 4 (20.00%) Incident Management
6 2 (10.00%) Business Analysis
6 2 (10.00%) Project Management
7 1 (5.00%) Agile Software Development
7 1 (5.00%) Data Architecture
7 1 (5.00%) ITIL
7 1 (5.00%) Process Improvement
7 1 (5.00%) RAD
7 1 (5.00%) Translating Business Requirements
Programming Languages
1 9 (45.00%) VBA
2 4 (20.00%) SQL
3 2 (10.00%) PowerShell
4 1 (5.00%) C#
4 1 (5.00%) C++
4 1 (5.00%) MATLAB
4 1 (5.00%) Python
4 1 (5.00%) R
Qualifications
1 1 (5.00%) ITIL Certification
Quality Assurance & Compliance
1 1 (5.00%) AIFMD
1 1 (5.00%) EMIR
1 1 (5.00%) MiFID
1 1 (5.00%) Solvency II
System Software
1 1 (5.00%) Active Directory
Vendors
1 19 (95.00%) Bloomberg
2 17 (85.00%) Reuters
3 10 (50.00%) Charles River
4 2 (10.00%) CQG
4 2 (10.00%) Fidessa
4 2 (10.00%) HP
4 2 (10.00%) Microsoft
5 1 (5.00%) Apple
5 1 (5.00%) Cisco
5 1 (5.00%) Citrix
5 1 (5.00%) QAD